About Qolsys Qolsys, a leading security and smart building technology manufacturer is dedicated to providing hardware and software to enable the internet of things for security, smarthome, builder, multi-dwelling unit and wellness solutions using sensors, devices, integrations, and cloud services. CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014.Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Qolsys is said to enhance Johnson Controls’ global innovation platform delivering next generation security and smart building solutions. CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Johnson Controls announced it has acquired the remaining stake of Qolsys Inc., a residential and commercial security and smart-home manufacturer, after owning a majority since 2014. “The opportunity to acquire Qolsys allows Johnson Controls to achieve operational efficiencies and scale across our global markets, while further enhancing the suite of products and services offered on our digital platform, OpenBlue.”. If you are an end user and need technical support or customer service please contact your provider. By applying data from both inside and outside buildings, Johnson Controls OpenBlue digital platforms empowers customers to manage operations while delivering safety and security in dynamic and agile environments. Johnson Controls has acquired the remaining stake in smart security technology provider Qolsys Inc., having owned a majority since 2014. “As the world becomes more connected and the innovation curve continues to ramp at unprecedented speed, we are excited to join Johnson Controls,” says Dave Pulling, Qolsys CEO. Johnson Controls has announced that it has acquired the remaining stake in smart security technology provider Qolsys Inc., having owned a majority since 2014. Amritsar, NFAPost: Johnson Controls (NYSE: JCI) announced it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys continues to show consistent growth of services and dealers, which led to $150 million in revenues during fiscal year 2019. Johnson Controls announced Tuesday it has acquired the remaining stake of Qolsys, a residential and commercial security and smart-home manufacturer, after owning a majority since 2014. This latest acquisition now puts the entire company under the ownership of Johnson Controls. Dave will become vice president and general manager of the global intrusion products business for Johnson Controls, which had $500 million in revenue in fiscal year 2019. Qolsys enhances Johnson Controls global innovation platform, delivering next-gen smart building solutions. This site uses cookies to offer you a better browsing experience. This is a major milestone in our 10-year journey to disrupt and transform the security industry with advanced Cloud-enabled solutions that transcend traditional intrusion offerings including advanced automation, energy management, apartment management, building management and wellness for aging in place,” Pulling continues. In addition to Qolsys, the Johnson Controls banner also includes the likes of DSC, Bentel, Visonic, PowerG, and Tyco. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. The award-winning IQ Panel 2 Plus and peripherals have driven explosive growth in North America and across the globe with future-proof features supported by over-the-air software updates, built-in panel camera, Bluetooth disarming and innovative installation and diagnostic tools to reduce costs and increase user engagement and satisfaction. CORK, Ireland — Johnson Controls (NYSE: JCI) has acquired the remaining stake in Qolsys, a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Johnson Controls and Qolsys Inc. At Johnson Controls, we believe technology can improve your life. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. The Qolsys founders and leadership team will remain in Silicon Valley (San Jose, CA Johnson Controls is leading a fundamental transformation of how spaces and places are perceived and enjoyed by balancing and responding to the flow of information, services and people that occupy buildings. http://www.prnewswire.com/news-releases/johnson-controls-acquires-qolsys-inc-to-capitalize-on-emerging-technologies-and-customers-looking-for-world-class-building-solutions-301106008.html. By continuing to navigate through this site or by clicking Approve, you consent to the use of cookies on your device. About Johnson ControlsAt Johnson Controls, we transform the environments where people live, work, learn and play. This is a major milestone in our 10-year journey to disrupt and transform the security industry with advanced cloud-enabled solutions that transcend traditional intrusion offerings including advanced automation, energy management, apartment management, building management and wellness for aging in place.". Johnson Controls will offer Qolsys products throughout global markets. By continuing to navigate through this site or by clicking Approve, you consent to the use of cookies on your device. Founded on the principle of "Quality of Life" Qolsys (Quality of Life Systems) is based in San Jose, CA. info@qolsys.com. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter. And the Qolsys founders and leadership team will remain in San Jose, CA, assuming key roles in Johnson Controls global intrusion business. The industrial conglomerate will offer Qolsys products throughout global markets. “Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere … CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. "The opportunity to acquire Qolsys allows Johnson Controls to achieve operational efficiencies and scale across our global markets, while further enhancing the suite of products and services offered on our digital platform, OpenBlue.". Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. "Qolsys has grown from a startup to a leading security platform provider with over 4,000 dealers and service providers worldwide. “Qolsys has grown from a startup to a leading security platform provider with over 4,000 dealers and service providers worldwide. Johnson Controls sees long-term opportunities to bring Silicon Valley innovation and culture to our broader cloud-enabled IoT solutions in building management, fire and HVAC businesses," said Jeff Williams, president of Global Products, Johnson Controls. This site uses cookies to offer you a better browsing experience. Features a built-in 5 MP camera and multiple wireless radios, all with an elegant, modern user interface. Qolsys Inc Financial details were not disclosed. Johnson Controls sees long-term opportunities to bring Silicon Valley innovation and culture to our broader cloud-enabled IoT solutions in building management, fire and HVAC businesses,” states Jeff Williams, president of Global Products, Johnson Controls. Johnson Controls announced it has acquired the remaining stake of Qolsys, a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014.Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. And emerging verticals around the globe provider Qolsys Inc., having owned a majority since 2014 a startup to leading! 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